Research On The Risk Of Cross-Border Financial Service Of China's Commercial Banks Under The Background Of "The Belt And Road"

Since the reform and opening up,the market economy system has been increasingly perfect,with China's economic opening up coming up a higher level.China's commercial banks have made great progress in the development of cross-border financial services business.To enhance the level of opening up of the financial industry is an important way for China's economy to deepen reform,speed up the transformation and upgrading and improve the internationalization.In recent years,with the implementation of the "the Belt and Road" strategy and the background of RMB nationalization,Which provided a golden opportunity for the development of commercial banks' overseas business,and further explored the cross-border financial services of commercial banks in China.The cross-border financial services of commercial banks are increasingly becoming an important carrier of economic and financial globalization and Chinese enterprises to go out.It is mainly manifested in the development of branches in commercial banks outside China.The number of branches Scale and business scope is also growing.With the increase of business volume and the expansion of business scale,commercial banks are faced with great opportunities and challenges.At the same time,the problems and risks of commercial banks' cross-border payment business are gradually exposed.There are many big changes in the commercial banks.However,many commercial banks do not form a sound risk management mechanism.Commercial banks face huge risks in cross-border financial services.They are mainly reflected in the possible political risks,credit risks,exchange rate risks and Regulatory risk and so on.This paper first introduces the status quo of cross-border financial development of commercial banks,and analyzes the current situation of commercial banks in the context of "the Belt and Road",and points out the existing problems in the development process.The article also points out that for commercial banks Challenges and opportunities are coexisting,to overcome difficulties,seize the opportunity,commercial banks will usher in a new period of development.In the fourth chapter,the author makes a concrete analysis of the risks that commercial banks will face.From the different angles,the risk is attributed to four major categories: political risk,exchange rate risk,credit risk and supervision risk.Case studies and analysis reflect how commercial banks can control risk in cross-border financial services to make the project a success.In the fifth chapter,the author evaluates the risk of commercial banks under the new background,selects the eight indicators along the "the Belt and Road",uses the eight indicators of the risk evaluation index system,carries on the factor analysis to each country separately,finds the risk measuring system The principal component,calculate the comprehensive score function,and finally obtain the risk score of eight countries to evaluate the risk of each country size.At the end of this paper,we will put forward a series of suggestions such as strengthening the risk control system construction,adjusting the development strategy so as to prevent the risk.